Costa Mesa CA Multi Family for Sale
$2,300,000
3123 Cinnamon Avenue Costa Mesa, CA 92626
- Type:
- Cluster
- Sq.Ft.:
- 4,614
- Status:
- Active
- Beds:
- 9
- Lot size:
- 0.18 Acres
- Year built:
- 1966
- Baths:
- 8.00
- MLS#:
- 24474763
ADDITIONAL INFORMATION
Excellent pride of ownership 4 unit multifamily investment property located inside of Mesa Verde's "Spice Streets." Long term ownership with large upside to increase rental income. Unit mix is three 2 bed/2 bath units and one 3 bed/2 bath unit. Ample parking with five garages and two uncovered parking spaces. Each unit has central air conditioning with extensive renovation in the 3 bedroom unit that also has a large private patio. Onsite laundry facilities available for tenant use. Building is separately metered for gas and electric. Tenants have easy access to shops, restaurants, and are within close proximity to major thoroughfares including the 405 and 55 freeway.
$2,300,000
2904 Peppertree Lane Costa Mesa, CA 92626
- Type:
- Fourplex
- Sq.Ft.:
- 3,550
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 60,998 Acres
- Year built:
- 1960
- Baths:
- MLS#:
- PW24247967
- Subdivision:
- NONE
ADDITIONAL INFORMATION
RARE OPPORTUNITY! Great location within the highly desirable Mesa Verde area. This 4-plex has just had the exterior completely repainted a year ago and several units have had some upgrading and one completely furnished. Brand new dual paned windows throughout. Two spacious floorplan layouts, each with 2 bedrooms and 1 bathroom. The living room opens onto the dining area and kitchen. The dining rooms feature ceiling fans as well as the bedrooms. Some units offer carpeting and two downstairs unit have laminate flooring. The amenities in each unit vary slightly from pictures provided. Some have dishwashers and washer/dryer hook-ups in kitchen, while others do not. Some interiors have been freshly painted with in the past year. The back of the property was redone approximately 5 years ago and features cement driveways and additional parking. Tenants also have additional parking available on the single loaded street. Newer roll up garage doors too. Great shopping, dining and transportation are nearby making this property even more desirable.
$2,399,000
1034 El Camino Drive Costa Mesa, CA 92626
- Type:
- Apartment
- Sq.Ft.:
- 4,600
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- OC24213403
- Subdivision:
- Mesa Del Mar (MDMA)
ADDITIONAL INFORMATION
Central Costa Mesa location. Close to schools, Orange Coast College, South Coast Plaza, transportation. All four apartments are 3 bedrooms, single level about 1150 square feet. Two Apartments have been remodeled with new kitchens, Bathrooms, Vinyl planking and new vinyl windows. Two have the potential to be remodeled for much more income. The whole building has been re-piped with coper pipe. All four electrical panel have been replaced with NEW panels.
$1,499,900
3008 Fillmore Way Costa Mesa, CA 92626
- Type:
- Triplex
- Sq.Ft.:
- 3,178
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1962
- Baths:
- MLS#:
- NP24197933
- Subdivision:
- Other
ADDITIONAL INFORMATION
This rare offering of a well-maintained triplex, located in a desirable Costa Mesa neighborhood just off Baker and Fairview, offers fantastic investment potential. The property features two spacious townhome style 2-bedroom, 1.5-bath units and one single level 2-bedroom, 1-bath unit, each with its own large private patio – perfect for enjoying some outdoors. The exterior has been recently rehabbed and looks clean with new windows throughout, while the interiors offer a blank slate for upgrades presenting an opportunity to enhance the property’s value. With the ability to modernize and bring rents up to market levels, this triplex is an ideal choice for any investor looking to maximize returns in a coastal location known for its strong rental demand and increasing values! Don't miss out on this chance to lock up a solid apartment investment in one of Costa Mesa’s thriving communities!
$1,799,000
3049 Jeffrey Drive Costa Mesa, CA 92626
- Type:
- Triplex
- Sq.Ft.:
- 3,023
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1977
- Baths:
- MLS#:
- OC24194990
- Subdivision:
- other
ADDITIONAL INFORMATION
3049 Jeffrey Road is an exceptional investment opportunity located in a high-demand area of Costa Mesa near the iconic shopping center of South Coast Plaza and conveniently located within close proximity to major freeways. This property offers great unit configurations having a ground floor 3 bedroom 2 bathroom unit and (2) two bedroom 1 bathroom units upstairs. Conveniently, one of the 2 bedroom units is located above the garages and does not share a wall with either of the other units providing additional privacy benefits for tenants . The 3 bedroom 2 bathroom ground-level unit has an expansive and private yard perfect for a family and the 2 bedroom units have their own balconies and private entry area providing ample space for tenants to personalize. One of the 2 bedroom units has been fully remodeled and the other two units only need basic cosmetic updates if anything. Overall, the property has been very well maintained and cared for over the years. Two of the units are on a Month-to-month lease and the third unit has a lease expiring January of 2025. Each unit comes with their own private laundry space and their own private garage however this Triplex offers a total of four garages providing additional income potential. Water heater and furnaces are also relatively new. This property has major upside potential for long term owners and has plenty of potential equity for a fix-and-flip contractor.
Costa Mesa Real Estate
The median home value in Costa Mesa, CA is $1,097,500. This is higher than the county median home value of $1,008,200. The national median home value is $338,100. The average price of homes sold in Costa Mesa, CA is $1,097,500. Approximately 38.55% of Costa Mesa homes are owned, compared to 57.18% rented, while 4.28% are vacant. Costa Mesa real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Costa Mesa real estate agent to arrange a tour today!
Costa Mesa, California 92626 has a population of 112,148. Costa Mesa 92626 is less family-centric than the surrounding county with 32.55% of the households containing married families with children. The county average for households married with children is 34.78%.
The median household income in Costa Mesa, California 92626 is $96,391. The median household income for the surrounding county is $100,485 compared to the national median of $69,021. The median age of people living in Costa Mesa 92626 is 36 years.
Costa Mesa Weather
The average high temperature in July is 77.7 degrees, with an average low temperature in January of 47.8 degrees. The average rainfall is approximately 12 inches per year, with 0 inches of snow per year.